267 views
2 mins read

New initiative to support British nationals

Following their successful campaign to support hundreds of UK Nationals to secure the necessary residency documents, the Cyprus Residents Planning Group (CRPG) has launched its new campaign focused on providing longer-term assistance to vulnerable Brits living on the island. This latest partnership between the CRPG, the

Keep Reading

New initiative to support British nationals

Following their successful campaign to support hundreds of UK Nationals to secure the necessary residency documents, the Cyprus Residents Planning Group (CRPG) has launched its new campaign focused on providing longer-term assistance

Read More

Cyprus vows zero tolerance for corruption

President Nicos Anastasiades said his government is determined to tackle corruption and promote transparency and accountability during a meeting with OSCE Parliamentary

Parents fear school bullying rise

Parents and teacher unions are concerned over a spike in incidents of violence and bullying at Cyprus schools, calling on authorities to

AstroBank returns to profit

AstroBank posted a net profit of €3.3 mln in 2021 and €18 million before provisions, against a net loss of €18.1 mln in 2020. The bank attributes its profitability to the new, more rationalised organisational structure and focused business efforts.

Read More

Hellenic Bank staff to strike 31 May

Cyprus’ banking system is facing disruption after Hellenic bank staff announced they would stage a 24-hour warning strike next week over redundancies.

Business as usual, say supermarkets

Supermarkets expect no goods shortages as the Ukraine war has not created dents in Cyprus’ supply chain, while competition is keeping prices

Popular

Lebanese banks close Cyprus branches

The Central Bank has confirmed that its counterpart in Lebanon has decided to close the branches of Lebanese banks in Cyprus. Sources confirmed to CNA that the Lebanese Central Bank had closed

More

A perfect storm is brewing

Without COVID to keep people in check, the government is wobbling to the finish line like a lame horse in the Grand National. After spending a truckload in state support to keep

More

Petrol prices to reach €2 per litre

Cypriot motorists are in for a financial jolt as petrol station owners warn that pump prices will hit €2 per litre as consumer groups scream profiteering. In comments to Astra Radio, the

More

A perfect storm is brewing

Without COVID to keep people in check, the government is wobbling to the finish line like a lame horse in the Grand

Voter appeal does not create jobs

It is sad that with the next presidential elections nine months away, what used to be a pro-business administration, aiming to boost

Latest Videos

Roof insulation, photovoltaic grants improved

A big-budget increase for grant schemes to encourage thermal roof insulation and installation of photovoltaic systems in homes built before 2017 was announced by the Energy Ministry. The available budget for 2022-2023 is expected to exceed €20 mln and has been secured through the

Read More

Eni-Total begin new drill off Cyprus

The Italian-French consortium Eni-Total has commenced new exploratory drilling for natural gas at Cronos-1 within Block 6 of Cyprus’ exclusive economic zone,

FOMC minutes settle nerves

By Jeffrey Halley  The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June

More

Least worst choices

By Jeffrey Halley  The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% Wednesday morning, with Governor Orr setting

More

Shipping requires more IT investment

The value of fleet management data analysis and digital technology to improve vessel operations is ever more important as the maritime sector faces challenges requiring new processes and tools, an IT expert told the Cyprus Marine Club. “We understand maritime

Read More

High demand for Greece ferry

Cypriots are jumping at the chance to travel to Greece by ferry this summer, after the revival of the link after two